Louis Vuitton (China) Commercial Sales Co., Ltd. was established in November 2004 with registered capital of 50 million yuan, according to registry data. The company is wholly owned by Louis Vuitton Hong Kong Ltd. Its business scope includes retail of publications, food and alcohol, as well as the wholesale and retail of leather goods, luggage and apparel.
While Carr's FCC paints a rosy picture of Charter's acquisition, history has provided multiple examples of mergers having the opposite effect on jobs and pricing. For example, redundancies created when T-Mobile merged with Sprint in 2020 led to a wave of layoffs at the carrier. And funnily enough in 2018, not long after Charter's merger with Time Warner Cable was approved by the FCC, the company raised prices on its Spectrum service by over $91 a year.
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